Re: Kave's Account Talk
Originally Posted by
kave
Long story I'll make short. My wife was scheduled to join me in retirement in May 2020. We've saved $25k for a 70-75 day RV trip to Alaska. Due to Covid-19, we are postponing the trip till 2021 and trying to decide a safe harbor for the $25k. We have Vanguard and Merrill Edge Accts. As you know, CD's and Money Market rates are practically non existent. We would love to earn ~2-3% with minimal risk. We would appreciate any recommendations. Thanks in advance!
Kave & Lucky
Sucks for the timing of C-19...hope you get the trip done next year !
FWIW, I have "cash" dumped in the Fidelity Conservative Income Bond Fund (FCONX). So far, it has given me an ROI of 1.99%. It throws off a monthly dividend, that I don't have reinvested (probably should ) ...last month it was 1.75%. Nothing glamorous, for sure, but perhaps a little more flexibility than a CD.
OTOH, it CAN lose market value, but it doesn't have the wild swings, like the stock market !
HTH, and good luck !!!
Stoplight...
"Too old to rock and roll...too young to die"... - I. Anderson
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